Fiber optical spectrometer also used optical fiber as signal coupling device, coupling measured light to spectrometer for spectral analysis. Fiber optic spectrometer has the advantage of modularity and flexibility of the measurement system.
United States is the dominate producer of fiber optical spectrometer, the production is 37524 Units in 2017, according for about 79.68% of the total amount, followed by China, with the production market share of 7.84%. China has the highest production growth rate of 6.1% from 2013 to 2017. Even though a huge space for growth in the Chinese market exists, the quality and technology should further improve.
Leading players in fiber optical spectrometer industry are Ocean Optics, Avantes, B&W Tek, StellarNet and Hamamtsu, etc. Ocean Optics is the largest manufacturer, with the market share of 62.15% in 2017. The top three companies occupied about 75.86% share of the market in 2017.
Color measurement accounted for the largest market with about 41.51% of the global consumption for fiber optical spectrometer in 2017. Moreover, it is anticipated to grow at a CAGR of 2.10% during the forecast period. With over 29.32% share of in the global fiber optical spectrometer market, spectral measurement was the second largest application market in 2017, and is anticipated to grow at a CAGR of 2.31%, in terms of consumption, during the forecast period.
The price of fiber optical spectrometer is lower year by year from 7615 $/Unit in 2013 to 7091 $/Unit in 2017. The product profit margin is about 46.54% in 2017, and it also descends in recent years. In the next few years, we predict that price will continue to decline. As competition intensifies, prices gap between different brands will go narrowing.
According to this study, over the next five years the Fiber Optical Spectrometer market will register a 1.1% CAGR in terms of revenue, the global market size will reach US$ 360 million by 2024, from US$ 330 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Fiber Optical Spectrometer business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Fiber Optical Spectrometer market by product type, application, key manufacturers and key regions and countries.
This study considers the Fiber Optical Spectrometer value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Ultraviolet Band
Infrared Band
Near Infrared Band
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Color Measurement
Spectral Measurement
Film Thickness Measurement
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Ocean Optics
Avantes
B&W Tek
StellarNet
Hamamtsu
Fibre Photonics
Shanghai Ideaoptics
ALS
Flight Technology
BaySpec
Gztek
Enhanced Spectrometry
Changchun Yunteng Tech
Hangzhou Seemantech
Wyoptics
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Fiber Optical Spectrometer consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Fiber Optical Spectrometer market by identifying its various subsegments.
Focuses on the key global Fiber Optical Spectrometer manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Fiber Optical Spectrometer with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Fiber Optical Spectrometer submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Fiber Optical Spectrometer . Industry analysis & Market Report on Fiber Optical Spectrometer is a syndicated market report, published as Global Fiber Optical Spectrometer Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Fiber Optical Spectrometer market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.